2023 YEAR-END MARKET STATS TRI-COUNTY | EL DORADO | PLACER | SACRAMENTO
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Contents Chase International
3-4
Market Opinion
5-6
El Dorado County
7-8
Placer County
9-15
Sacramento County
16-20
Chase Ready
21-22
My Home Value?
23-24
Chase International
25-28
888.70.CHASE | chaseinternational.com
Strong Demand with improved affordability. Greater Sacramento real estate market shows promise as 2023 ends. As the year draws to a close in 2023, the Greater Sacramento real estate market showcased several promising aspects. Despite the challenge of limited housing availability, the sustained high demand indicated a strong interest in the region’s properties. This continued enthusiasm from buyers contributed to a competitive market landscape. The decrease in interest rates worked in favor of buyers, enhancing affordability and likely prompting increased interest in property purchases. This could have motivated prospective homeowners and investors to take advantage of more favorable lending conditions. Sacramento’s enduring attractiveness as a vibrant, livable area likely remained a key factor driving market activity. Its blend of urban amenities, cultural offerings, and desirable living conditions could have further solidified its appeal among buyers and investors. These collective factors painted a promising picture for the Greater Sacramento real estate market by year-end, showcasing robust demand, improved affordability, sustained appeal, and overall stability. For those considering entering this market, these positive indicators could have offered a favorable environment for real estate endeavors. If you would like to learn more, please call our local office at 888.70.CHASE
El Dorado Hills 2023 Year-End Statistics | January 1st - December 31st
SINGLE FAMILY
2023
2022
% Change
Volume of Sales
$608,799,267
$762,189,464
-20%
Number of Sales
565
710
-20%
Average Sales Price
$1,077,521
$1,073,506
0%
Median Sales Price
$905,000
$950,000
-5%
Average Price Per Sqft.
$367
$371
-1%
Average Days on Market
40
27
48%
List to Sales Price Ratio
97%
98%
-1%
SALES VOLUME 2023 $608,799,267 2022 $762,189,464
888.70.CHASE | chaseinternational.com Information gathered from MetroList 12/29/2023
UNITS SOLD 2023 565 2022 710
Placerville 2023 Year-End Statistics | January 1st - December 31st
SINGLE FAMILY
2023
2022
% Change
Volume of Sales
$98,247,320
$146,574,685
-33%
Number of Sales
185
261
-29%
Average Sales Price
$531,067
$561,589
-5%
Median Sales Price
$495,000
$525,000
-6%
Average Price Per Sqft.
$320
$319.23
0%
Average Days on Market
37
32
16%
List to Sales Price Ratio
98%
97%
0%
SALES VOLUME 2023 $98,247,320 2022 $146,574,685
UNITS SOLD 2023 185 2022 261
Auburn 2023 Year-End Statistics | January 1st - December 31st
SINGLE FAMILY
2023
2022
% Change
Volume of Sales
$261,459,795
$332,440,619
-21%
Number of Sales
377
485
-22%
Average Sales Price
$693,527
$685,445
1%
Median Sales Price
$615,000
$620,000
-1%
Average Price Per Sqft.
$341
$354
-4%
Average Days on Market
37
24
54%
List to Sales Price Ratio
97%
98%
-1%
SALES VOLUME 2022 $261,459,795 2021 $332,440,619
888.70.CHASE | chaseinternational.com Information gathered from MetroList 12/29/2023
UNITS SOLD 2023 377 2022 485
Granite Bay 2023 Year-End Statistics | January 1st - December 31st
SINGLE FAMILY
2023
2022
% Change
Volume of Sales
$312,109,282
$405,229,749
-23%
Number of Sales
244
296
-18%
Average Sales Price
$1,279,136
$1,369,019
-7%
Median Sales Price
$1,200,000
$1,200,000
0%
Average Price Per Sqft.
$415
$417
1%
Average Days on Market
45
26
57%
List to Sales Price Ratio
98%
96%
1%
SALES VOLUME 2023 $312,109,282 2022 $405,229,749
UNITS SOLD 2023 244 2022 296
Lincoln 2023 Year-End Statistics | January 1st - December 31st
SINGLE FAMILY
2023
2022
% Change
Volume of Sales
$570,243,484
$748,783,421
-24%
Number of Sales
835
1,085
-23%
Average Sales Price
$682,926
$690,123
-1%
Median Sales Price
$618,000
$650,000
-5%
Average Price Per Sqft.
$327
$335
-3%
Average Days on Market
34
25
36%
List to Sales Price Ratio
98%
100%
-1%
SALES VOLUME 2023 $570,243,484 2022 $748,783,421
888.70.CHASE | chaseinternational.com Information gathered from MetroList 12/29/2023
UNITS SOLD 2023 835 2022 1,085
Twelve Bridges 2023 Year-End Statistics | January 1st - December 31st
SINGLE FAMILY
2023
2022
% Change
Volume of Sales
$143,028,558
$171,373,301
-17%
Number of Sales
160
191
-16%
Average Sales Price
$893,928
$897,242
0%
Median Sales Price
$736,208
$737,000
0%
Average Price Per Sqft.
$328
$339
-3%
Average Days on Market
42
36
17%
List to Sales Price Ratio
99%
100%
-2%
SALES VOLUME 2023 $143,028,558 2022 $171,373,301
UNITS SOLD 2023 160 2022 191
Loomis 2023 Year-End Statistics | January 1st - December 31st
SINGLE FAMILY
2023
2022
% Change
Volume of Sales
$185,420,916
$215,311,920
-14%
Number of Sales
148
157
-6%
Average Sales Price
$1,252,844
$1,371,414
-9%
Median Sales Price
$880,500
$1,012,500
-13%
Average Price Per Sqft.
$468
$467
0%
Average Days on Market
49
33
48%
List to Sales Price Ratio
97%
95%
2%
SALES VOLUME 2023 $185,420,916 2022 $215,311,920
888.70.CHASE | chaseinternational.com Information gathered from MetroList 12/29/2023
UNITS SOLD 2023 148 2022 157
Rocklin 2023 Year-End Statistics | January 1st - December 31st
SINGLE FAMILY
2023
2022
% Change
Volume of Sales
$535,491,548
$623,812,758
-14%
Number of Sales
713
836
-15%
Average Sales Price
$751,040
$746,188
1%
Median Sales Price
$680,000
$698,500
-3%
Average Price Per Sqft.
$334
$343
-3%
Average Days on Market
36
21
71%
List to Sales Price Ratio
97%
98%
-1%
SALES VOLUME 2023 $535,491,548 2022 $623,812,758
UNITS SOLD 2023 713 2022 836
Roseville 2023 Year-End Statistics | January 1st - December 31st
SINGLE FAMILY
2023
2022
% Change
Volume of Sales
$1,123,620,292
$1,412,405,821
-20%
Number of Sales
1,713
2,108
-19%
Average Sales Price
$655,937
$670,022
-2%
Median Sales Price
$619,754
$645,000
-4%
Average Price Per Sqft.
$323
$344
-6%
Average Days on Market
40
23
74%
List to Sales Price Ratio
98%
99%
0%
SALES VOLUME 2023 $1,123,620,292 2022 $1,412,405,821
888.70.CHASE | chaseinternational.com Information gathered from MetroList 12/29/2023
UNITS SOLD 2023 1,713 2022 2,108
Sacramento 2023 Year-End Statistics | January 1st - December 31st
SINGLE FAMILY
2023
2022
% Change
Volume of Sales
$4,202,759,072
$5,739,812,286
-27%
Number of Sales
7,083
9,512
-26%
Average Sales Price
$593,359
$603,429
-2%
Median Sales Price
$540,000
$550,000
-2%
Average Price Per Sqft.
$346
$357
-3%
Average Days on Market
30
23
30%
List to Sales Price Ratio
98%
98%
0%
SALES VOLUME 2023 $4,202,759,072 2022 $5,739,812,286
UNITS SOLD 2023 7,083 2022 9,512
*Sacramento stats include Arden Arcade, Carmichael, Curtis Park, East Sacramento, Fair Oaks, Land Park, Midtown
Folsom 2023 Year-End Statistics | January 1st - December 31st
SINGLE FAMILY
2023
2022
% Change
Volume of Sales
$539,329,883
$725,234,067
-26%
Number of Sales
700
878
-20%
Average Sales Price
$770,471
$826,007
-7%
Median Sales Price
$720,500
$760,000
-5%
Average Price Per Sqft.
$369
$381
-3%
Average Days on Market
33
26
27%
List to Sales Price Ratio
97%
99%
-1%
SALES VOLUME 2023 $539,329,883 2022 $725,234,067
888.70.CHASE | chaseinternational.com Information gathered from MetroList 12/29/2023
UNITS SOLD 2023 700 2022 878
Elk Grove 2023 Year-End Statistics | January 1st - December 31st
SINGLE FAMILY
2023
2022
% Change
Volume of Sales
$747,311,669
$1,003,414,168
-26%
Number of Sales
1,167
1,492
-22%
Average Sales Price
$640,370
$672,530
-5%
Median Sales Price
$520,000
$645,000
-19%
Average Price Per Sqft.
$320
$343
-7%
Average Days on Market
32
22
45%
List to Sales Price Ratio
98%
97%
1%
SALES VOLUME 2023 $747,311,669 2022 $1,003,414,168
UNITS SOLD 2023 1,167 2022 1,492
INTRODUCING, CHASE READY Make your home ready to SELL and easy for buyers to BUY!
916 234 0247
888 70 CHASE
Stand out from the crowd with Chase Ready With Chase Ready, your home will stand out from the crowd by providing buyers full transparency on the condition of your home. Buyers will know what they are purchasing and can make an educated and confident decision when making an offer on your property. Your home is ready to SELL and easy for buyers to BUY!
What distinguishes a Chase Ready Property? Prior to putting your home on the market, Chase Ready Properties have completed the following: Full Home Warranty for Buyers: Coverage for the sellers during the listing period Property Inspection Fully Completed Disclosures Preliminary Title Search Completed Natural Hazards Disclosure Report Completed Sewer Clearance if necessary Defensible Space Evaluation if necessary
Benefits to Sellers ELIMINATE SURPRISES Eliminates virtually all major surprises that often occur during the inspection process.
SAVES TIME & MONEY Allows you to cost-effectively complete repairs and improvements.
REDUCES STRESS Greatly reduces the stress and lost time of canceled transactions.
Benefits to Buyers CONFIDENCE Enable buyers to make educated and confident decisions when writing an offer.
SECURITY Protect buyers from the cost of systems repairs during the first year of ownership.
CHASEINTERNATIONAL.COM/READY
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